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Property profile & analytics
FOR SALE
Warehouses
215 S Washington St Pottstown, PA 19464
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-1405117
For Sale
1 / 8
$1,675,000
215 S Washington St, Pottstown, PA 19464
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1920
Total area
51,852 SF
Lot
3.89 ac (169,448 SF)
Zoning code
FO
APN
16-00-32572-00-1
UPID
US73-1405117
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.68M
Owner & transaction history
Redevelopment Authority Of Cnty Of · 3 yrs held
Redevelopment Authority Of Cnty Of
since 2023
4 recorded transactions
Zoning & alternative use
FO · Pottstown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Pottstown Airport District. Conservation NR Neighborhood Residential TTN Traditional Town Neighborhood D Downtown Gateway NB Neighborhood Business DG Downtown Gateway GE Gateway East GW Gateway West P Park Contemporary FO Flex-Office HB Highway Business HM Heavy Manufacturing Special Overlay Airport Overlay Keim Street Gateway Overlay Business Overlay § 301…
Zone name
Flex Office
General category
UNKNOWN
Zone area
381.49 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pottstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pottstown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$32 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$50,538
Tax year 2023
Assessed value
$823,450
Assessed 2024
Previous assessed
$823,450
+0.0% YoY
Effective rate
6.14%
On assessed value
Assessed land
$121,480
Assessed improvement
$701,970
Land market value
$121,480
Improvement market value
$701,970
Total market value
$823,450
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1920
Heating
FORCED AIR
Cooling
NONE
Total area
51,852 SF
Lot
3.89 ac (169,448 SF)
Zoning code
FO
APN
16-00-32572-00-1
UPID
US73-1405117
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
FO · Pottstown, PAZoning FO · permitted uses
FO · Pottstown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Pottstown Airport District. Conservation NR Neighborhood Residential TTN Traditional Town Neighborhood D Downtown Gateway NB Neighborhood Business DG Downtown Gateway GE Gateway East GW Gateway West P Park Contemporary FO Flex-Office HB Highway Business HM Heavy Manufacturing Special Overlay Airport Overlay Keim Street Gateway Overlay Business Overlay § 301 Zoning Map. [Ord. 1968, 9/8/2003, § 301] 1. An official map is on file in the off
Zone name
Flex Office
General category
UNKNOWN
Zone area
381.49 ac
Building & site characteristics
From public records
Year built
1920
Heating
FORCED AIR
Cooling
Yes
Lot
3.89 ac
Current owner
From public records · entity-resolved
Redevelopment Authority Of Cnty Of
Entity
Free & Clear · 3 yrs held
Mailing address
135 WALNUT ST, POTTSTOWN, PA 19464-5420
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2023
—
Redevelopment Authority Of Cnty Of
215 South Washington Street LLC
Deed
—
Jul 25, 2022
—
215 South Washington Street LLC
—
Deed
related
$2,000,000 · Truist Bank
Jun 4, 2020
$10,000
215 S Washington Street LLC
Pottstown Plating Works INC
Grant Deed
—
Dec 15, 2011
$163,000
Jagger Investments LLC
Tax Claim Bureau Of Montgomery Cn
Tax Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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